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Mara Jade is analyzing the fire damage losses in her insurance firm that occurred over a one-year period, based on the following data: Number of

Mara Jade is analyzing the fire damage losses in her insurance firm that occurred over a one-year period, based on the following data:

Number of Claims Filed Number of Houses Total Number of Claims

0 9,855 0

1 137 137

2 8 1 6

C) Fill in the table to find the average frequency of losses per house. Explain.

D) Use the information in the table to estimate a probability distribution for the frequency distribution of losses per house in a year. Explain.

image text in transcribed

C) Column 1 Number of Claims Filed Column 2 Number of Houses Column 3 Total Number of Claims Sum Average Frequency D) Number of Claims Probability

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